DePfa eyes the broader horizon
The Commerzbank family is a large one: the bank is 97.8% owner of Rheinische Hypothekenbank and holds a majority stake in Hypothekenbank in Essen, alongside stakes in other banks in Stuttgart, Wiesbaden, Bremen, Hamburg, Leonberg and Quickborn.
As an issuer, Commerzbank’s participation in the domestic markets has been limited: whereas subsidiary Rheinische Hypothekenbank has visited the local market close to 20 times since the start of 1998, borrowing over Dm9 billion ($5.1
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